Monthly Archives: March 2024
Fed’s Tightening Policy Remain, Meeting Minutes Shows
Written on March 12, 2024 at 5:37 am, by
The dollar index exhibited a narrow range of movement following the much-anticipated release of the FOMC meeting minutes yesterday. The dollar index exhibited a narrow range of movement following the much-anticipated release of the FOMC meeting minutes yesterday. As anticipated, board members expressed concerns about the potential risks of cutting rates too quickly, emphasising theContinue Reading
New Product Launch
Written on March 11, 2024 at 5:50 am, by
Dear Valued Client, We are pleased to announce that PU Prime will launch new products of Metals on 18th March 2024 to provide clients with a broader portfolio of products. Please refer to the table below outlining the new instrument: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) Please note that the aboveContinue Reading
Powell Assures Rate Cut, but Will Next Week’s CPI Report Disrupt the Strategy?
Written on March 8, 2024 at 8:33 am, by
Tuesday, 12 March 2024, 14:30 – U.S CPI (YoY) (Feb) In January, the annual rate of inflation dropped less than expected to 3.1% from 3.4% in December. Numerous economists and Federal Reserve officials have cautioned that the final push to bring inflation back to the bank target of 2% would be a challenge. While FedContinue Reading
